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Retirees Deserve the Freedom to Earn Extra Income
It is not uncommon for retirees to supplement their benefits with extra income. Ironically, doing so could cause retirees to lose some of their benefits.
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Reminder: Social Security Benefits Could be Taxable
It is important for those collecting Social Security benefits to remember that a portion of those benefits could be taxable as income.
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About the Trust Funds of Social Security
Social Security is made up of two trust funds. For retirees, the OASI trust fund is the most important. Without change, the future looks grim for both.
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Work Credits Mean Social Security Isn’t Welfare
Through years of hard work, senior citizens earn work credits to qualify for Social Security benefits. These credits are getting harder to earn.
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Annual COLA Calculations Need a New Formula
The way the annual COLA is calculated creates a problem for many senior citizens. This is mostly due to the formula used during calculations.